Accounting and Finance Personal Statement

It was when I earned my first pound at the age of ten washing my mother's car that I became interested in the power of money. Over time it became clear to me that the people who understand the monetary and banking system are capable of understanding the decisions made by governments and the future of society. I want to be one of those people.

To broaden my knowledge of different areas of finance, I have read a number of different books on the subject - from "How the City of London Works" to "Rich Dad Poor Dad". I am also a regular reader of the Economist magazine. I believe that reading such books and magazines has given me insight into topics not covered at school, for example how Japanese management in Chinese factories caused unrest among the workforce due to the Chinese workers' dislike of the Japanese management style, and how this affected the share price of companies such as Honda. Reading about such things has made me realise how the subject of Finance and the economy affects everybody's lives, and has strengthened my desire to further study the subject. The A-level subjects I am studying give me a firm foundation for studying Finance at University. Business Studies at A-level has greatly improved my analytical and writing skills. I have particularly enjoyed the part of the course which concerns how a firm selects financial strategies and how managers choose which aspect of a firm needs the most investment. German has improved my communication skills and self-confidence and has also made me more appreciative and open to other cultures. Alongside the logical method of thinking that I have developed from Mathematics at A-level, I believe that I am well prepared to take on a degree course in Finance at University.

My part-time job as a receptionist at a sports and leisure club has given me some insight into the demands of working life. Having worked there…...

Similar Documents

...Accounting Statements
Bethany Edings
Acct/290
January 25, 2013
Doyle Jones
University of Phoenix
Accounting Statements
In business finance there are four main statements. The financial statements are balance sheets, income, cash flow, and statement of retained earnings. Each statement shows specific information about a business’s financial history. A balance sheet shows a company its current debts and how much it has at any given time. Income statements illustration what was spent and how much of a profit the business made. A cash flow statement shows the relationship between a company and the world during a given date. Next a statement of retained earnings indications any changes that would affect stockholders over time.
A balance sheet gives information about a company’s assets, liabilities, and shareholders’ equity. Balance sheets have three components. The components of a balance sheet are assets, liabilities, and stockholders’ equity. Assets are objects or property that has cash value. These items can be used or sold to make a product or to provide services. Cash and investments are also assets. Liabilities are what a company owns to other companies or people. This can include loans, taxes, rent, cost of materials, and payroll. Liabilities are also services or products due to a customer. Shareholders’ equity or capital is what a company would have if the liquidated assets and......

...What is financial literacy and why is it important?
Financial literacy is the ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being. More specifically, it refers to the set of skills and knowledge that allow an individual to make informed and effective decisions through their understanding of finances. Financial literacy involves a number of different areas of understanding. Learning about money and how it works is an important aspect, as well as understanding products like credit, loans, and investments. Competency in managing money appears to be a skill that doesn’t come naturally to everyone. Unless a person is exposed to the practice of money management, he/she is less likely to understand how it works and it long-term benefits. Without a financial education, it is easy to develop poor spending and financial habits resulting in significant negative consequences such as a poor credit rating, denial of credit, rejection for a checking account and bankruptcy, to name a few. Early financial literacy is the best way to prevent such consequences. In essence, personal financial literacy is much more than managing and investing money. It also includes making all the pieces of your financial life fit together.
Achieving Financial Success you must understand and determine where your money goes. Here’s how you can start:  Analyzing cash flows  Taking advantage of opportunity cost.  Taking control of your spending.......

...environment, companies increase their emphasis on corporate financial management. Meanwhile, personal finance with information technology becomes more important and relevant to our daily life. Exposed to such a business world, it is necessary to equip myself with a set of quantitative and analytical skills to tackle real problems and to advance the frontiers of the domain. This motivation greatly drives me to pursue a Master degree in business administration. Without any doubt, such an invaluable education will prepare me to carry out independent research and be an effective college educator.
My graduate degree was in Business Administration (MBA) with Finance specialization, which primarily focused on macro/micro economics, statistics, financial and managerial accounting and quantitative analysis of investment methods. In addition to providing the basic concept of theories, these subjects also offered me the threshold of quantitative tools. By recognizing the significance of these courses, I endeavored to absorb the essence and fundamental approaches. With an aim to broaden my perspective and prepare for further academic advances, I decided to study for MBA in a U.S. college.
Past 3 years I am in education field, working as an Assistant professor in Finance in one of the well know institute in Western part of India. As I am in an education field, my purpose for seeking a Master Degree in Finance with Information System Management is to expand my knowledge of theory. I......

...Influenced by my mother, who works in a bank, I have been interested in finance since I was a child. Even though I was unable to take Finance as a major in my undergraduate studies because I missed the standard for that topic by a single point in my college entrance examination, I still kept my enthusiasm for Finance and gradually developed a keen interest in the topic of Carbon Finance and Carbon Trading. As part of my research into Carbon Finance, I was very interested to discover that it is partly based on ideas about accounting for social costs developed by Ronald Coase more than fifty years ago. In Chinese financial institutions there is a shortage of professional consultants who can analyze and evaluate local companies in the potential area of carbon trading. I hope to become a professional consultant in Carbon Finance industry when I graduate. In this way, not only can I maximize profit for companies, but also to make use of my skills in analysis to protect the environment.
Starting with my love of finance, I have paid more attention to learning Financial Management. In a recent team project it was a big challenge for our team to analyze a company’s operational performance based only on pages of financial statements, especially as everything was in English. In order to perfect our report, we looked over textbooks to study different financial statements, searched until midnight for suitable theories in the library and applied those theories to our case. When we......

...University of Nottingham Ningbo, I did not know I would foster such a strong interest in finance. From financial statements to financial instruments, great delight was evidenced in my study. Reviewing the past three years, my understanding towards classic financial theories was raised from vivid case studies and seminar discussions. Thanks to the advanced British concept of education, I was trained to think critically and allowed much time to be spent on the topics I am intrigued with. Aspired to work for a top-tier investment bank, I intend to strengthen my background in pure finance by following a rigorous master’s programme. The MSc Finance course offered at your renowned WBS precisely meets my demand.
Extensively recognised by industrial leaders, the degree conferred by WBS is an invaluable asset to be added to her graduates, which is also the reason why it is sought after by tons of talented students. Ranked as a top business school in the UK, WBS enjoys unparalleled reputation. In addition, the name of the first institution that acquired triple accreditation from AACSB, AMBA and EQUIS has confirmed her undisputed position in academia. Accompanied by her location which associates with London in a 90-minute rotary, I am convinced that choosing WBS will be more than a wise decision. After all, it is Warwick!
As I plan to start my career as a financial analyst, I consider the MSc Finance course to be my prior option. First of all, the programme places focus on......

...CHAPTER 2
MEASURING YOUR FINANCIAL HEALTH AND MAKING A PLAN
CHAPTER CONTEXT: THE BIG PICTURE
As the second chapter in the four-chapter section entitled “Part 1: Financial Planning,” this chapter introduces the processes and financial statements associated with financial planning and budgeting. The fundamentals of record keeping and statement analysis are discussed. Also introduced in this chapter are the financial ratios and how they are used to gauge financial health. These financial statements and formulas lay the foundation for understanding the overall picture of financial planning and Part II: Managing Your Money. An important message to students in this chapter is the importance of starting a financial plan early in the life cycle. Time is one of the biggest allies for a successful plan.
CHAPTER SUMMARY
This chapter establishes the importance of good record keeping and the use of financial statements. Balance sheets and income statements are the basis for most financial analysis, including the calculation of ratios to measure financial health. The financial ratios discussed measure liquidity, debt, and savings. Strategies for developing and using a cash budget are explained within the broader context of financial planning. The benefits of budgeting, whether for individuals in financial trouble or for those seeking more control over their money, are considered. Lastly, the role of professional financial planners, their services and their......

...Filling in your application
• Personal statement
• Reference, pay and send
• Tracking your application
• Results
• Student number controls
• Fraud and similarity
• Performing arts
• Postgraduate
• Teacher training
• Flexible and part-time
• International
• Starting your studies
• Student finance
• Mature students
• Parents and guardians
• Advisers and referees
Your personal statement
Write a personal statement that shows you'd be a great student – to persuade unis and colleges to accept you on their course.
• Course tutors use personal statements to compare applicants, so try to make yours stand out.
• Remember it's the same personal statement for all courses you apply to – so avoid mentioning universities or colleges by name, and ideally choose similar subjects. If they're varied then write about common themes – like problem solving or creativity.
Personal statements
BSL personal statement video
How to write your personal statement
This video looks at how to get started, as well as common fears and concerns.
• Watch more video guides
Signed personal statement video
This signed video takes you through what to consider when writing your personal statement.
• Watch more BSL video guides
Where to start
Most applicants haven't had to write a personal statement before, so we've got plenty of advice to help.
• First of all plan when you need to start researching and writing – download the personal statement timeline in the related......

...Personal Statement
I am writing this statement to present my background and purpose as a competitive applicant for the master’s program from your prestigious University.
Along with the country’s fast economy development, many Chinese companies are now seeking actively for the cross boarder investment opportunities. Accompanied by the recent accelerated reforms of the financial sector, such as the internationalization of RMB, the establishment of Shanghai free trade zone, the further liberalization of interest rate and the development of non-formal or shadow banking system in China, they all suggest that the demand for finance and international investment elites will rise significantly in the near future. With a clear career goal of working in one of the biggest financial institutions, I am planning to pursue more advanced study on the subject area.
In addition to the academic study, I had enrolled into various student societies and clubs. For instance, as a sports lover, I have represented the student union to play football and basketball in various occasions. To support our local football team, I have also built up a football club. We watch the games and discussed the sports related issues regularly. On the other hand, I am also a history and politics lover and this has triggered me to establish a reading group consisted with twenty students from different subjects but sharing the same interests. We met every other week during term time to discuss current......

...Personal statement
Life is a long process of never-ending growing with study and there is no doubt that universities are the best place for students to devote time in obtaining professional knowledge in a certain arena. Since my childhood, I have been deeply affected by my parents’ occupations as a businessman and an accountant. They often shared with me interesting anecdote about their daily work and their words gradually familiarized me with the practical applicability and attractive challenges of business and stimulated my zest in involving in real financial and administrative affairs by myself. Hence, it is a long-cherished ambition of me to further my study in Business Administration to prepare myself better for future with more systematic and theoretical training.
During the A Level courses, I have already got a deeper understanding into subjects such as Mathematics, Physics and Chemistry. Undoubtedly，all these studies have improved my logical thinking skills and it provided me foundational knowledge for my higher level education to learn more about Business Administration. I believe that the study of it will help me learn to manage and organize resources accurately and ultimately maximize profits.
Boosted by my interest in business, I have already started my ‘small business’ online as a seller of cosmetics. The process of buying and selling goods made me aware of the importance of reasonable allocation of resources and the wisdom in marketing. Hence, I......

...Subject: Successful Princeton Applicant
Through all of my accomplishments and disappointments, I have always been especially proud of the dedication and fervor I possess for my personal beliefs and values. Unfortunately, it has often been difficult for me to remain outwardly firm and confident in a town where most people think alike and reject exceptions. Whenever I have expressed my position as a pro-life advocate, peers have badgered, accused, and ridiculed me for simply believing in something that they scorn. Despite all the pressure, I never waive red from my belief, yet I became frustrated and began to lose the courage to publicly express my opinion on this controversial topic. To gain some insight and reassurance for myself, I attended the New Jersey Right to Life Convention in the spring of 1995. This experience uplifted me and offered great inspiration and enlightenment. At the convention I received an overwhelming amount of support and encouragement from wonderful people who advocate the very principles I believe in. This convention was so inspiring that the next day in school I was able to relate my experience to one of my biggest opponents on the subject. Also, the abundant information available at the convention enabled me to defend my position on abortion more effectively. Attending this convention accomplished two things. It proved my commitment to my belief, in that I took the initiative to strengthen and support my opinion, refusing to give up or lose heart.......

...Personal Finance
Personal finance is “financial planning for individuals. Generally, it involves analyzing their current financial position, predicting short-term and long-term needs, and recommending a financial strategy. This may involve advice on pensions, school fees, mortgages, life insurance, and investments.” This definition truly touches on the key elements of personal finance. It is important to develop a strong in the personal financial planning process, because ultimately it can lead to achieving life goals. By analyzing your current situation and setting a plan with goals you are on your way to a good start.
Personal financial planning is the process of managing your money to achieve personal economic satisfaction (Kapoor, pg. 3). By creating a personal plan as your first step, you may benefit in many ways. A financial plan allows you to understand and protect your finances in each step of your life. You are able to be more organized, helping decrease the risk of excessive debt, foreclosure etc. You will also feel more at ease knowing where you are and where you are headed. In order to determine where you are headed in the future you need to begin by setting personal financial goals. There are different types of goals. Goals may be short term, achieved in the next year; intermediate, achieved in two to five years; or long term, achieved in more than five years. These goals should be integrated with each other. Short term goals should help lead you......

...has not necessarily been the easiest or most straight forward thing. Upon leaving the Antigua State College, my love for music led me to enter the world of teaching. At times, I would find myself with students my own age. While this proved to be challenging at first, it helped me to further develop my abilities as a leader, which continue to be beneficial to me in both my personal and professional life.
Following my short stint as a violin instructor, I entered the banking and finance sector where I worked as a customer service representative for two years. In this position, I saw my interpersonal and communication skills grow at an exponential rate. The time spent working at the bank also solidified the practical application of concepts I would have come across at the post-secondary level. It was at this time that I decided to go back to school and pursue my bachelor’s degree.
I decided to undertake a double major in both Accounting and Economics given my keen interest in both subject areas. Upon successful completion of the program, I returned to my home country and joined one of the Big 4 Accounting firms. As a CPA and senior accountant, I have developed a solid foundation in teamwork, analytical, and problem-solving skills. My designation has facilitated specialized financial knowledge, but to achieve my goal I need theoretical and practical exposure to all management disciplines.
I now work as an Assistant Accountant at Caribbean Alliance Insurance Company Ltd, the...

...Personal statement examples
Find College Courses and Degrees
There are no ‘right’ ways to writing your personal statement, but there are many ‘wrong’ ways of doing it.
On this page you will not only find everything you need to know about putting together a professional personal statement, but will also have access to dozens of expertly written ones. These samples are a great way to see how other people put together their personal statements, and to visualise the sort of structure and language they use. Reading through these will allow you to judge which ones you think are good or bad, which in turn will greatly help you in putting together your own winning statement. YOU ARE STRONGLY ADVISED NOT TO COPY THESE EXAMPLES WORD FOR WORD, BUT INSTEAD USE THEM AS USE THEM AS GUIDES AND AS A SOURCE OF INSPIRATION.
Many students struggle to put together an effective personal statement, primarily because they find it difficult to write about themselves. They may also fall for other common essay writing mistakes such as straying from the core subject and message they should be trying to get across. To help students overcome these potential pitfalls we have developed this resource page as a guide to giving them useful tips, strategies and techniques on writing a professional profile that is of the highest quality and one that will maximise their chances of enrolling at their first choice university. By following our advice, preparing properly and with a bit of practise,......

...Financial Statements Paper
Teya Crawford
ACC/280
Nov, 7 2011
Pamela Zanzucchi
Financial Statements Paper
Accounting is part of an organization that enables companies to analyze, record, and retrieve critical financial information that is used to determine a company's financial status. The purpose of accounting is to assist people with understanding the financial status of an organization and to provide the financial reports and insights needed to make sound decisions. It is important to effectively communicate this information in order for the business to be successful. There are four financial statements that are used to record information. They include: Income Statement, Balance Sheet, Retained Earnings Statement or Shareholders Equity Statement, and Statement of Cash Flows.
Financial Statements
Financial statements are reports that reveal where the money is stores, where it is taken from, where it goes, and where it is now. The four statements mentioned earlier: Balance Sheets, Income Statements, Cash Flow Statements, and Statements of Shareholder’s Equity, will be found in the Security and Exchange Commission (SEC) as a public record, if the organization is public. Private businesses will send those reports to stockholders such as owners and lenders of that business. The purpose of the Financial Statements is to give the people information about a company’s financial position and performance. They need to be relevant, reliable, understandable, and......

...skills to my best advantage, I took accounting and finance as my undergraduate subject. Little as I knew about this subject at that time, now I have been able to learn that accounting and finance courses in the UK has an inclusive structure, incorporating theories and techniques from accounting, management through to behavioral science and quantitative finance. I believe this course can equip graduates with the multiple skills relevant for working in either the finance industry, or companies, or accounting firms. Therefore, I would like to further my knowledge and experience in accounting and finance at the postgraduate level, with a view to opening many more doors for my future career.
By studying for the master’s course, I expect to further improve my understanding of and hands-on skills in financial reporting, corporate finance and quantitative finance, as well as building the ability to analyze and handle financial affairs from the management level. This is due to my aspiration to start my career as a financial practitioner, preferably working at the financial department of a large scale company and contributing to making the right financial decisions. My ultimate career goal is to be a successful Chief Financial Officer. My home country of China, one of the world’s largest as well as fastest developing economies, I believe, will be a very suitable place for me to prosper. I also believe that further study on a prestigious accounting and finance masters programme will......